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Corporation
shunwang.com

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Investments

2

Partners & Customers

1

About Shunwang Technology

Shunwang Technology (顺网科技) (300113.SZ) provides internet entertainment platforms.

Shunwang Technology Headquarter Location

Building 3, 75 Wenyi West Rd Xihu District

Hangzhou, Zhejiang , 310012,

China

+86 0571-89712215

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Latest Shunwang Technology News

China Athletics, Shunwang to Build Sports Metaverse

Jul 20, 2022

(Yicai Global) July 20 -- A unit under the Chinese Athletic Association and game publisher Shunwang Technology are linking arms to develop physical exercise-themed metaverse spaces for the sports-loving public. Shunwang and the CAA’s commercial development platform China Athletics Sports are teaming up on sport digital copyrights, sports metaverse and other areas, the Hangzhou, eastern Zhejiang province-based firm said yesterday. China Athletics will provide the digital copyright to sports content and Shunwang will supply technical support in the form of Big Data, cloud computing, blockchain, visual design, smart algorithms, network security and other aspects, according to the deal signed by the two parties. The pair will develop a sports-themed metaverse, virtual characters, mobile games and online virtual matches as well as e-exhibitions, digital collection trading and virtual performances, Shunwang said. They will jointly develop and operate the projects, it added. Should the initial cooperation go well, Shunwang plans to invest at least CNY100 million (USD14.8 million) in China Athletics, it said. The two parties will also build a digital sports platform to better provide third-party partners and the public with sports and sport business related content, it added. Shunwang's share price [SHE:300113] closed down 5 percent today at CNY15.19 (USD2.25). Earlier in the day though it had hit CNY16.40, a six-month high. In the past month the stock has gained 38 percent in value. Editor: Kim Taylor

Shunwang Technology Investments

2 Investments

Shunwang Technology has made 2 investments. Their latest investment was in Wangyu Wangka as part of their Series C on July 7, 2016.

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Shunwang Technology Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/7/2016

Series C

Wangyu Wangka

$5.98M

Yes

1

1/1/2015

Series A

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10

Date

7/7/2016

1/1/2015

Round

Series C

Series A

Company

Wangyu Wangka

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Amount

$5.98M

New?

Yes

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Co-Investors

Sources

1

10

Shunwang Technology Acquisitions

1 Acquisition

Shunwang Technology acquired 1 company. Their latest acquisition was Chengdu Jisheng Technology Co on April 15, 2012.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/15/2012

$99M

Acquired - II

Date

4/15/2012

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired - II

Sources

Shunwang Technology Partners & Customers

1 Partners and customers

Shunwang Technology has 1 strategic partners and customers. Shunwang Technology recently partnered with Green Man Gaming on June 6, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

6/24/2020

Partner

United Kingdom

140M Internet café users gain access to full Green Man Gaming portfolio through ShunWang Technology’s platform – Green Man Gaming

ShunWang Technology has an absolute leading position in the global Internet cafe market enhanced by their cloud gaming platform , which thanks to this new partnership with Green Man Gaming , now offers café users an unrivalled choice of gaming experiences .

1

Date

6/24/2020

Type

Partner

Business Partner

Country

United Kingdom

News Snippet

140M Internet café users gain access to full Green Man Gaming portfolio through ShunWang Technology’s platform – Green Man Gaming

ShunWang Technology has an absolute leading position in the global Internet cafe market enhanced by their cloud gaming platform , which thanks to this new partnership with Green Man Gaming , now offers café users an unrivalled choice of gaming experiences .

Sources

1

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